Recently, Elon Musk, CEO of Tesla, pointed to a looming energy deficit.
Musk is in favor of a rapid expansion of nuclear energy, because otherwise there is a threat of an energy crisis as early as two years from now. The energy demand caused by the increasing applications in the field of artificial intelligence is a decisive factor here, he says. Because AI needs a lot of electricity. In the U.S., for example, electricity consumption is expected to triple by 2045, according to Musk's calculations. U.S. utilities predict a 70 percent increase over the next 20 years, which is no small feat either. The expansion of renewable energies does not seem to be progressing fast enough. The German Federal Network Agency, for example, expects electricity demand in this country to double by 2050.
Whether an energy passport is imminent in Germany remains to be seen. In any case, there is the threat of a permanent gas cut-off from Russia and this could have consequences. Although thousands of wind and solar plants are running in this country, it is questionable whether this will be enough. Supply security and independence with renewable energies alone will not work. The extent to which other countries rely on nuclear power can be seen in the figures. Nuclear power plants are being built and planned around the world. There are currently more than 400 nuclear reactors in operation worldwide. China plans to start 45 new nuclear reactors in the next 15 years. The country is thus planning the most new nuclear power plants. It is followed by Russia and India. Uranium demand is therefore increasing worldwide, even if Germany is taking a different path. Companies with uranium in the ground will therefore not have to look far for customers for their uranium.
There is IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ -, for example, with its promising uranium projects in Saskatchewan, in the eastern Athabasca Basin.
In Canada and the USA, Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - owns uranium projects, some of which are ready for operation. The company also owns a stake in the only royalty company in the uranium sector.
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Musk is in favor of a rapid expansion of nuclear energy, because otherwise there is a threat of an energy crisis as early as two years from now. The energy demand caused by the increasing applications in the field of artificial intelligence is a decisive factor here, he says. Because AI needs a lot of electricity. In the U.S., for example, electricity consumption is expected to triple by 2045, according to Musk's calculations. U.S. utilities predict a 70 percent increase over the next 20 years, which is no small feat either. The expansion of renewable energies does not seem to be progressing fast enough. The German Federal Network Agency, for example, expects electricity demand in this country to double by 2050.
Whether an energy passport is imminent in Germany remains to be seen. In any case, there is the threat of a permanent gas cut-off from Russia and this could have consequences. Although thousands of wind and solar plants are running in this country, it is questionable whether this will be enough. Supply security and independence with renewable energies alone will not work. The extent to which other countries rely on nuclear power can be seen in the figures. Nuclear power plants are being built and planned around the world. There are currently more than 400 nuclear reactors in operation worldwide. China plans to start 45 new nuclear reactors in the next 15 years. The country is thus planning the most new nuclear power plants. It is followed by Russia and India. Uranium demand is therefore increasing worldwide, even if Germany is taking a different path. Companies with uranium in the ground will therefore not have to look far for customers for their uranium.
There is IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ -, for example, with its promising uranium projects in Saskatchewan, in the eastern Athabasca Basin.
In Canada and the USA, Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - owns uranium projects, some of which are ready for operation. The company also owns a stake in the only royalty company in the uranium sector.
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
